KL stock exchange sees better performance

KL stock exchange sees better performance

KUALA LUMPUR, June 9 (NNN-BERNAMA) — The Kuala Lumpur stock exchange, Bursa Malaysia ended the morning session higher on persistent buying activities across the board, taking the cue from the higher overnight performance of Wall Street as hopes of an economic recovery soar following the easing in COVID-19 lockdowns.

At 12.30 pm, the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) rose 23.29 points to 1,579.62 last Friday’s close of 1,556.33.

The index opened 16.47 points higher at 1,572.80 and hovered between 1,572.80 and 1,590.83  throughout the early trading session.

Market breadth was positive as gainers outpaced decliners by 787 to 245, while 370 counters were unchanged, 499 untraded and 20 others suspended.

Turnover stood at 5.76 billion units worth RM3.66 billion.

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